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ISM Services Index Grows in October

The U.S. economy’s service sector expanded at a faster pace in October, the Institute for Supply Management said Wednesday.

November 3, 2010

Con-way Reports Third-Quarter Loss

Con-way Inc. Wednesday reported a third-quarter loss compared with a profit a year ago, citing acquisition and other charges for the period.

November 3, 2010

Arkansas Best’s 3Q Loss Narrows

Arkansas Best Corp. Wednesday said its third-quarter loss was narrower than a year ago as tonnage improved at its ABF Freight System less-than-truckload unit.

November 3, 2010

NAFTA Surface Trade Gains 25.3% in August

Surface transportation trade among the United States, Canada and Mexico rose 25.3% in August from a year earlier, the Department of Transportation said.

November 3, 2010

Opinion: Upgrade Your Sales Process

As freight markets rebound, the winning carrier will be the one that outsells its peer group in the growth and retention of profitable business — a goal best achieved by improving the company’s sales process.

November 2, 2010

Tire Makers Cite Higher Costs; Set Price Increases

Bridgestone Americas Tire Operations said it was boosting tire prices 8% due to higher energy and raw materials costs, and other tire makers also cited rising costs in their recent earnings statements.

November 2, 2010

Expeditors’ Third-Quarter Profit Jumps

Logistics firm Expeditors International of Washington’s third-quarter profit jumped to $96.1 million, or 44 cents a share, from $57.8 million, or 27 cents, a year ago, a per-share gain of 63%.

November 2, 2010

Most U.S.-Bound Air Cargo Is Not Screened, Paper Reports

Only about 20% of the 9 billion pounds of air cargo that comes to the United States from overseas each year is physically checked for bombs, USA Today reported Tuesday.

November 2, 2010

Wabash National’s 3Q Loss Narrows

Trailer manufacturer Wabash National Corp. late Tuesday reported a third-quarter loss of $1.9 million, or 3 cents per share, compared with a loss of $66.4 million, or $2.23, a year ago.

November 2, 2010

Investors Propose Expanding Virginia Bridge-Tunnel

A group of private investors and developers has submitted a proposal to the Virginia Department of Transportation to expand and operate the Hampton Roads Bridge-Tunnel and the section of Interstate 64 that runs between Hampton and Virginia Beach.

November 2, 2010